Overview Peranich Huffman Net Lease Group is pleased to exclusively present for sale, the DaVita Dialysis located in Beaumont, TX. Priced at a 6.40% capitalization rate, the offering presents investors with the opportunity to acquire a property leased to a reputable national medical provider with a proven history of tenant stability and kidney disease treatment delivery. Built in 2004 and renovated in 2021, the 13,200 square foot DaVita Dialysis is positioned on a 1.79 acre lot with frontage along Liberty Avenue. Location The subject property is positioned on the campus of the 431-bed CHRISTUS Southeast Texas St. Elizabeth Hospital, the largest hospital between Houston and Baton Rouge. CHRISTUS St. Elizabeth is supported by a medical staff of more than 500 physicians practicing across 66 specialties, and operates the only Level III Trauma Center in the region, anchoring a healthcare corridor that draws patient volume from across Southeast Texas. Adjacent to the hospital, the CHRISTUS Outpatient Pavilion and the Park Medical office buildings extend the campus with additional diagnostic, surgical, and physician practice space within walking distance of the subject property. Lease DaVita Dialysis has continuously occupied the property since 2012. In 2020, seven years ahead of expiration, DaVita executed an early nine-year extension carrying the term through October 31, 2036. With over 10 years of term remaining, the corporately guaranteed lease provides for 10% rent increases every five years throughout the remainder of the term and across each of the (3) 5-year renewal options. Current base rent is $20.90 per square foot, or $275,880 annually, which increases to $303,468 in 2031. Additionally, the lease provides for a property management fee of 5.00% of gross rental income, or $13,794 annually, payable by the tenant as additional rent. Under the net lease structure, the tenant is responsible for expenses related to the HVAC, roof repair, parking lot, interior, non-structural maintenance, property taxes, insurance premiums, utilities, landscaping, waste management, and the property management fee. Landlord expense obligations are limited to the structure and replacement of the roof.